The Mortgage Times has announced it will offer free valuation and legal services and a range of First National mortgages.
The network is offering the deal as part of a semi-exclusive three-year mortgage to counter the higher rates introduced by First National in recent weeks.
This new product is available for remortgage customers, including those looking for debt consolidation, and features a completion fee of £2,995 and application fee of £99.
The product is split into two categories for near-prime customers. Ultralight customers must currently be up-to-date on payments and can have two months of arrears in the past twelve months.
Ultralight lends up to 80% LTV with rates between 9.14% and 9.54% for a three-year fix.
Light adverse applicants must have no more than two arrears in the past twelve months and none in the past three months. Loans in this category are up to 80% LTV for between 9.19% and 9.59%.
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